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Chordiant Software Reports Q4 Profit Decline Yet Beats Estimates

Chordiant Software delivers a mixed Q4 report. While profits have decreased year-over-year, the company has surpassed earnings estimates, suggesting a resilient performance amid challenges.

Date: 
AI Rating:   6

Overview of Financial Performance: Chordiant Software, Inc. has reported a profit of $210.60 million in the fourth quarter, which represents a significant decrease compared to $301.63 million from the same period last year. The earnings per share (EPS) also dropped from $6.93 to $3.43.

Adjusted Earnings: Excluding certain items, the company reported adjusted earnings of $213.50 million, or $3.49 per share, indicating that they managed to present a stronger performance than the GAAP figures suggest. Analysts had anticipated the company would earn $2.81 per share, so the adjusted EPS exceeded expectations.

Revenue Growth: A noteworthy point in the report is the 50.7% rise in revenue, climbing to $1.454 billion from $964.69 million year-over-year. This considerable growth could instill confidence in investors regarding the company's sales potential and market position.

Ratings:
- EPS: 4 (strongly negative due to a significant drop)
- Revenue Growth: 8 (strongly positive as it exceeds expectations)
- Overall Rating: 6 (neutral or meets expectations, as the decline in profit cancels out the positive revenue growth)